Wells Fargo & Company Cuts Aptiv (NYSE:APTV) Price Target to $81.00

Aptiv (NYSE:APTV) had its price objective trimmed by Wells Fargo & Company from $93.00 to $81.00 in a research note issued to investors on Monday morning,Benzinga reports. The brokerage currently has an overweight rating on the auto parts company’s stock.

Several other brokerages also recently weighed in on APTV. TD Cowen reduced their target price on Aptiv from $108.00 to $93.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft upped their target price on Aptiv from $104.00 to $105.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Fox Advisors raised Aptiv from an “equal weight” rating to an “overweight” rating and set a $110.00 target price for the company in a research note on Tuesday, January 13th. Oppenheimer upped their target price on Aptiv from $102.00 to $106.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 3rd. Finally, Bank of America started coverage on Aptiv in a research note on Wednesday, March 4th. They set a “buy” rating for the company. Eighteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $93.21.

Aptiv Trading Up 4.5%

Shares of APTV stock opened at $60.82 on Monday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.74 and a quick ratio of 1.23. The company has a market cap of $12.96 billion, a price-to-earnings ratio of 80.03, a PEG ratio of 0.88 and a beta of 1.51. The stock has a 50 day simple moving average of $73.74 and a 200-day simple moving average of $78.29. Aptiv has a 1-year low of $47.19 and a 1-year high of $88.93.

Aptiv (NYSE:APTV) last announced its earnings results on Monday, February 2nd. The auto parts company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.82 by $0.04. The business had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $5.07 billion. Aptiv had a return on equity of 18.22% and a net margin of 0.81%.The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.75 EPS. Aptiv has set its Q1 2026 guidance at 1.550-1.750 EPS and its FY 2026 guidance at 8.150-8.750 EPS. On average, equities research analysts expect that Aptiv will post 7.2 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Truist Financial Corp increased its position in shares of Aptiv by 1,036.0% during the 3rd quarter. Truist Financial Corp now owns 396,443 shares of the auto parts company’s stock worth $34,181,000 after purchasing an additional 361,546 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of Aptiv by 1,259.2% during the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 135,359 shares of the auto parts company’s stock worth $11,671,000 after purchasing an additional 125,400 shares during the last quarter. Allstate Corp acquired a new stake in shares of Aptiv during the 3rd quarter worth about $704,000. Thematics Asset Management increased its position in shares of Aptiv by 56.9% during the 3rd quarter. Thematics Asset Management now owns 261,454 shares of the auto parts company’s stock worth $22,543,000 after purchasing an additional 94,782 shares during the last quarter. Finally, Ameriprise Financial Inc. acquired a new stake in shares of Aptiv during the 3rd quarter worth about $297,917,000. 94.21% of the stock is owned by institutional investors and hedge funds.

Aptiv Company Profile

Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.

Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.